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INTC

Intel plans to cut thousands of jobs to reduce costs and fund its turnaround strategy, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:23 pm

BVFL

BV Financial, Inc. (NASDAQ:BVFL) has announced a stock repurchase program for up to 10% of its outstanding shares, effective no earlier than August 1, 2024, following its mutual-to-stock conversion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:22 pm

TEX

Terex shares are trading lower after the company reported worse-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:22 pm

EVOK

Evoke Pharma (NASDAQ:EVOK) announced a 1-for-12 reverse stock split effective August 1, 2024, causing volatility in its stock price. The stock fell 16.40% to 42 cents but rose 12.44% to 47 cents in after-hours trading. The reverse split consolidates every 12 shares into one, with no change in par value or authorized shares. The stock has decreased by 75.13% over the past year and is currently oversold with an RSI of 28.29.

Portfolio Pulse from Henry Khederian

July 30, 2024 | 9:22 pm

DDOG

ESTC

MDB

MSFT

NET

SNOW

Tech and cloud computing-related stocks are trading lower amid possible sympathy with Microsoft after the company reported Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:21 pm

CHCT

Community Healthcare (NYSE:CHCT) reported Q2 2024 earnings of $0.53 per share, missing the analyst estimate of $0.55. Sales were $27.516 million, also below the $30.665 million estimate. Both earnings and sales showed declines compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:20 pm

BIIB

Biogen shares are trading higher after the company and Eisai presented data showing three years of continuous treatment with dual-acting LEQEMBI continued to benefit early Alzheimer's patients.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:19 pm

META

PINS

SNAP

Shares of social media companies are trading lower in sympathy with Pinterest, which issued weak Q3 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:19 pm

BMBL

MTCH

Bumble shares are trading higher in sympathy with the Match Group, which reported better-than-expected Q2 revenue results and issued strong Q3 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:17 pm

AMZN

MSFT

Amazon shares are trading lower, potentially in sympathy with Microsoft's Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:16 pm